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Yaoundé - 21 March 2023 -
Economy

Cameroon saw a very dynamic primary sector in H1 2022

Cameroon saw a very dynamic primary sector in H1 2022
  • Comments   -   Wednesday, 01 February 2023 15:03

(Business in Cameroon) - Cameroon's primary sector was very dynamic at the end of June 2022, a trend that began in late 2020. Data from the national institute of statistics (INS) revealed that over the second quarter, the sector grew by 5.7% with a GDP contribution of 1.1%.

"Forestry and logging were the most buoyant branches of the primary sector over the period under review with an increase of 14.7% and a contribution of 0.6pt to GDP growth. Agricultural was also dynamic, despite the inflationary pressures on food products," said the INS, noting an improvement in cocoa and dessert banana production during the quarter.

"As for livestock, hunting and fishing activities, they are also on an appreciable dynamic with an evolution of 3.2% after 1.7% the previous quarter, for a contribution of 0.1pt  to GDP growth," the stats institute added.

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